Pioneer Cover-all acquired by Wastequip

BOSTON, July 25, 2006 — Pioneer Cover-All has been acquired by Wastequip, Inc. Pioneer is located in North Oxford, Massachusetts and is a leading manufacturer of tarping systems used in the solid waste and construction industries. Pioneer sells a variety of tarping product systems, including the “Rack n Pinion” automated tarping system, the premiere automated system used in the waste industry today. Alan Fullerton advised the selling shareholders on the transaction. Terms of the acquisition were not disclosed.

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